Tuesday, July 28, 2015

Syngene International IPO fully subscribed on day 2

Syngene International IPO fully subscribed on day 2. Syngene has received bids for 1,60,79,700 shares as against issue size of 1,60,00,000 shares. Syngene International IPO shares are proposed to be listed on the BSE and NSE. Issue will close tomorrow for subscription. Issue will close tomorrow for subscription. The IPO bidding detail from day 2 is as below:

Number of Times Issue is Subscribed (BSE + NSE)

Qualified Institutional Buyers (QIBs): 1.22 times
Non Institutional Investors:  0.16 times
Retail Individual Investors(RIIs): 1.41 times
Shareholders: 0.43 times

Total: 1.00 times

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